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DeFi Technologies (NEOE:DEFI) Equity-to-Asset : 0.01 (As of Mar. 2024)


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What is DeFi Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DeFi Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$8.83 Mil. DeFi Technologies's Total Assets for the quarter that ended in Mar. 2024 was C$983.94 Mil. Therefore, DeFi Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.01.

The historical rank and industry rank for DeFi Technologies's Equity-to-Asset or its related term are showing as below:

NEOE:DEFI' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.46   Med: 0.44   Max: 0.9
Current: 0.01

During the past 13 years, the highest Equity to Asset Ratio of DeFi Technologies was 0.90. The lowest was -3.46. And the median was 0.44.

NEOE:DEFI's Equity-to-Asset is ranked worse than
94.51% of 802 companies
in the Capital Markets industry
Industry Median: 0.5 vs NEOE:DEFI: 0.01

DeFi Technologies Equity-to-Asset Historical Data

The historical data trend for DeFi Technologies's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DeFi Technologies Equity-to-Asset Chart

DeFi Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.83 0.86 0.20 0.14 0.03

DeFi Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.14 0.11 0.03 0.01

Competitive Comparison of DeFi Technologies's Equity-to-Asset

For the Capital Markets subindustry, DeFi Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DeFi Technologies's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where DeFi Technologies's Equity-to-Asset falls into.



DeFi Technologies Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

DeFi Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=18.449/591.96
=0.03

DeFi Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=8.83/983.94
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DeFi Technologies  (NEOE:DEFI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


DeFi Technologies Equity-to-Asset Related Terms

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DeFi Technologies (NEOE:DEFI) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.
Executives
Wouter Witvoet Senior Officer

DeFi Technologies (NEOE:DEFI) Headlines